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PA6-1 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point (LO 6-1, 6-2] Hermosa, Inc., produces one model of mountain bike. Partial information for the

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PA6-1 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point (LO 6-1, 6-2] Hermosa, Inc., produces one model of mountain bike. Partial information for the company follows: 480 820 930 $117,120 $ $ Number of bikoo produced and sold Total costa Variable conta Pixed costs per year total costs Cout per unit Variable cost per unit Fixed cost per unit Total cost per unit 7 2 2 2 2 2 2 2 2 ? 2 2 $ 520.75 7 2 2 Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated in the table assuming the company sells each bike for $770, 4. Calculate Hermosa's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Complete the table. (Round your "Cost per unit answers to 2 decimal places) 480 Units 320 Units 930 Units $ 197.1201 Number of tus produced and sold Total costs Variable costs Fixed costs per year Total costs Cost per unit Variable cost per unit Food cost per unit Total cost per unit 5 117.120 OS 0 $ 000 $ 520.755 0.00 Rani Required 2 > PA6-1 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point (LO 6-1, 6-2] Hermosa, Inc. produces one model of mountain bike. Partial Information for the company follows: 480 820 930 $ $ Number of bikes produced and sold Total conta Variable conta Fixed costs per year Total costs Cost per unit Variable cont per unit Tixed cost per unit Total cost per unit $117,120 2 2 2 2 2 2 2 ? 2 2 $520.75 ? 2 2 Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated in the table assuming the company sells each bike for $770 4. Calculate Hermoso's break-even point in units and sales revenue. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required Calculate Hermosa's contribution margin ratio and its total contribution margin at each sales level indicated in the table assuming the company sells each bike for $770. (Round your percentage answers to 2 decimal places. (.e. 1234 should be entered as 12,34%) 480 Units 020 Units 930 Units % Contribution Margin Ratio Total Contribution Margin % PA6-1 (Algo) Calculating Contribution Margin, Contribution Margin Ratio, Break-Even Point (LO 6-1, 6-2) Hermosa, Inc, produces one model of mountain bike. Partial information for the company follows: 480 820 930 $117, 120 5 $ Wunber of bikos produced and sold Total costo Variable costs Fixed costs per year Total costs Cost per unit Variable cont per unit Fixed cost per unit Total cost per unit 2 2 7 2 2 7 2 2 2 2 2 2 5520.75 Required: 1. Complete the table. 2. Calculate Hermosa's contribution margin ratio and its total contribution margin at each sates level indicated in the table assuming the company sells each bike for $770. 4. Calculate Hermoso's break-even point in units and sales revenue Complete this question by entering your answers in the tabs below Required: Required 2 Required 4 Calculate Hermosa's break-even point in units and sales revenue. (Round your "Unit" and "Sales Revenue answers the nearest whole number.) Break Even Units Break Even Sales Revenue Bikes

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